PREVIEW: BoE November Rate Decision, Minutes Release & Quarterly Inflation Report (QIR)
01 Nov 2017, 12:47
1200GMT/0700CDT, Press Conference at 1230GMT/0730CDT
- Current BoE Base Rate: 0.25%, Asset Purchase Facility: GBP 435bln.
- The MPC is expected to raise its base rate by 25bps to 0.5% with markets believing that recent data is enough to support calls for lift-off.
- This meeting sees the release of the decision itself, the vote split and the minutes, alongside the central bank’s Quarterly Inflation Report, with the press conference scheduled for 1230GMT/0730CDT.